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March 15, 2021 - March 17, 2021

Laxmi Organic IPO Subscription Details

Laxmi Organic IPO Subscription Status Live

Laxmi Organic IPO subscribed 106.81 times. The public issue subscribed 20.10 times in the retail category, 175.43 times in QIB, and 217.62 times in the NII category by March 17, 2021 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions175.439,302,3241,63,19,02,90021,214.74
Non-Institutional Buyers217.626,976,7441,51,82,92,44519,737.80
Retail Investors20.1016,279,07032,72,57,2254,254.34
Employees[.]000
Others[.]000
Total 106.8132,558,1383,47,74,52,57045,206.88

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.


Laxmi Organic IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
March 15, 2021
0.010.494.342.28
Day 2
March 16, 2021
1.152.4810.386.05
Day 3
March 17, 2021
175.43217.6220.10106.81

Laxmi Organic IPO Shares Offered

Laxmi Organic IPO is a public issue of 32,558,138 equity shares. The issue offers 16,279,070 shares to retail investors, 9,302,324 shares to qualified institutional buyers, and 6,976,744 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB9,302,324120.9328.57%
NII6,976,74490.7021.43%
Retail16,279,070211.6350.00%
Total32,558,138423.26100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Laxmi Organic IPO Subscription FAQs

The Laxmi Organic IPO is subscribed 106.81 by March 17, 2021.

Laxmi Organic IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional175.43
Non Institutional217.62
Retail Individual20.10
Employee Reservations[.]
Others[.]
Total Subscription106.81

Retail category of Laxmi Organic IPO subscribed 20.10 times as of date March 17, 2021. The public issue closes on March 17, 2021 for bidding.

An investor can apply in Laxmi Organic IPO online via bank (using ASBA) or the broker (using UPI). The Laxmi Organic IPO shares are offered online only.

The Laxmi Organic IPO is subscribed 106.81 by March 17, 2021.

The Laxmi Organic IPO allotment status is expected on or around March 22, 2021. Visit Laxmi Organic IPO allotment status to check.

The Laxmi Organic IPO listing date is Thursday, March 25, 2021. The equity share of Laxmi Organic Industries Limited will list on BSE, NSE.

Visit Laxmi Organic IPO subscription status page for real-time bidding information about Laxmi Organic IPO.

Laxmi Organic IPO Timetable

IPO Opens OnMarch 15, 2021
IPO Closes OnMarch 17, 2021
Finalisation of Basis of AllotmentMarch 22, 2021
Initiation of RefundsMarch 23, 2021
Credit of Shares to Demat AccountMarch 24, 2021
IPO Listing DateMarch 25, 2021

2 Comments

2. Adv Sarin     Link|March 17, 2021 12:45:00 PM
It appears the clash of many issues in the IPO market has affected the oversubscription ratio of these 4-5 IPO opened during this week. Let's hope everyone will get a good allotment. Although GMP may not withstand the pressure.
1. Adv Sarin     Link|March 15, 2021 10:18:36 AM
This IPO appears the best among all coming this week. Far better than other chemical IPO on market. There may not be very high Listing gains but in the long run company will remain safe and performing. Once they diversified in the Fluorine segment naturally profits and ratings will increase.
1.1. Adv Sarin     Link|March 15, 2021 12:15:22 PM
Just in two hours issue got subscribed fully.
Date      QIB      NII      Retail      Total
Mar 15, 2021 00:09

0.00x 0.11x 1.54x 0.79x

Greate performance.